Restoration Hardware Projects 35-38% Q1 Sales Growth
May 10, 2013,
CORTE MADERA, Calif.-Restoration Hardware said it expects first-quarter sales to total $295 million to $300 million, up 35 to 38 percent from the first quarter of last year.
In addition, same-store sales are expected to register a 41 percent gain over last year, on top of the previous year's first-quarter increase of 26 percent. Net income is expected to range from $900,000 to $1.5 million. A Restoration Hardware statement said the company hasn't yet finished with tallying the numbers from the quarter, meaning that they could still vary from what it stated today.
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